27 Duke Street, Brighton
- City Centre Freehold Building
- Holiday Let Income
- Commercial Shop Let
Price OIRO £1,150,000
The building comprises a GF/ LGF commercial retail unit currently let at £27,000 per annum to jewellery shop Seol Gold. The upper parts are arranged as a Air BNB / Holiday let with stylish décor and large communal space, ideal for a group of friends/family to base themselves whilst in Brighton.
The property comprises of 7x Bedrooms, 5 of which have an en-suite shower room. There is also an additional shower room and 2 more WC's. This property can sleep up to 20 guests, has a smart TV and Wifi throughout.
The holiday let has already been booked for 36 x nights, with a projected net annual income of circa £90,000pa (which is based on only 50% occupancy rate) bringing the total expected minimum rental for the building up to £117,000pa with potential for further uplift on increased occupancy of the holiday let.
The property is located on Duke Street, Brighton which is a very popular position in the City just off of West Street, nearby occupiers include Nandos, Whistles, & Hotel Chocolat. The building is a short distance from Churchill square shopping centre.
To arrange a viewing please contact the vendors agents Newlands Property Tel: 01273-77977 or email [email protected]
Offers are invited for the freehold interest at OIRO £1,150,000
|Name/Floor||Sq Ft||Sq M||Availability|
|g Commercial Shop||327||30.38||Available|
|1st Holiday Let Upper Parts||1,560||144.93||Available|